PNN
Kolkata (West Bengal) [India], March 25: Avantage Foods Pvt. Ltd. announced today the successful raise of ₹5 crore in a funding round at a pre-money valuation of ₹110 crore, led by leading angel investors including Keventer Group and Ravi Didwania.
The funds will be deployed to scale its flagship bakery brand, Dough As You Like, with a target to reach 100 stores by March 2027.
Commenting on the fundraise, the company founders Pradeep & Sudeeip Sharma said: “This capital will help us accelerate expansion and strengthen our position in the premium affordable bakery segment.”
About Avantage Foods Pvt. Ltd
Avantage Foods Pvt. Ltd. is a Kolkata based multi-brand F&B platform, which cimmenced operations in 2023. With over 55 functional outlets, it strives on building scalable, premium consumer brand across bakery, desserts & beverages.
https://www.instagram.com/doughasyoulike?igsh=MTF4c2d2c3JxcDNsdQ==
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)
This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.